PRA open to collateral rollover discussions The UK regulator has said that it is happy to discuss proposals with applicants who think their structures meet the principals of being ‘fully funded’.
Overall ILS stability masks shrinkage in top tier Reductions in capacity have slowed, but a shake-up in assets under management is evident.
Twelve Capital adds $400mn for UCITS cat bond fund The funds were raised over 18 months, portfolio manager Florian Steiger said.
Catco NAV rises in June The fund has produced gains throughout a quiet 2019, after boosting 2018 reserves.
Red Cross $15mn cat bond to be issued on Solidum blockchain The volcano cat bond is being structured so that will be open to investment from other ILS funds.
